FIXED APR. This APR may be applied to Your Account if you make a late payment. How Long Will the Penalty APR Apply? If your APR is increased for this reason, the Penalty APR will apply until You make six consecutive monthly minimum payments on or before the due date. Paying Interest Your due date is at least 25 days after the close of each billing cycle. We will not charge you any interest on purchases if you pay your entire balance by the due date each month. We will begin charging interest on cash advances and balance transfers on the transaction date. Minimum Interest Charge None For Credit Card Tips from the Federal Reserve Board To learn more about factors to consider when applying for or using a credit card, visit the website of the Federal Reserve Board at xxxx://xxx.xxxxxxxxxxxxxxxxxxx.xxx/creditcard Fees Annual and Transaction Fees: Annual Fee Cash Advance Fee Balance Transfer Fee Foreign Transaction Fee Penalty Fees: Over-the-Credit-Limit Fee Returned Payment Fee Late Payment Fee None None None 1% of the Transaction Amount. None $20.00 for each returned check, ACH, or other item used for payment returned for non-sufficient funds. If your payment is more than 10 days late we may charge you a fee of 5% of your payment amount or $15.00, whichever is greater. Minimum Payment 2.5% of the unpaid balance, but not less than $10.00 Applications are subject to credit approval. Your rate and credit limit will be determined by your Credit Tier which is based on your credit worthiness including income, debt ratio, employment, and credit history.
